My name is Moritz Schularick. I am Professor of Economics at Sciences Po and the University of Bonn, Director of the MacroFinance Lab, and a Principal Investigator in the DFG-Excellence Cluster ECONtribute. I am currently on leave at the Federal Reserve Bank of New
I work in the fields of macrofinance, banking and financial stability, as well as international finance, political economy, and economic history.
My research is question driven. I aim to provide new and innovative perspectives on central questions facing society: the origins of financial stability and excessive risk taking in financial markets, the link between rising debt and inequality, the effects of monetary policy on asset prices, or the past and future of globalization.
Some of my research has made a difference for policy. My work with Òscar Jordà and Alan Taylor on credit cycles and financial stability has provided the backdrop for so-called macro-prudential policies aimed at curbing credit booms. Our paper “Credit Booms Gone Bust” ranks among the most highly cited papers in macroeconomics in the past decade.
In 2018, I received the Gossen-Prize of German Economic Association, Germany' s most important prize for economists. It is awarded annually to a German economist whose work has gained international renown. In the same year, we began work on a multiyear research project on housing markets, monetary policy and asset prices, financed by a grant from the European Research Council (ERC).
I am one of the Managing Editors of Europe’s eminent policy journal, Economic Policy, a Fellow of the Institute for New Economic Thinking, and an elected Member of the Academy of Sciences of Berlin, my hometown. I regularly contribute to policy questions in the media.
On this site, you find my academic papers, media contributions and my academic C.V. The MacroFinance Lab and the Jordà-Schularick-Taylor Database can be found here. Follow me on Twitter or get in touch here.